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July 24, 2014
06:08 EDTBDRBFBombardier COO Hachey to retire, announces new organizational structure
Today, Bombardier announced the implementation of a new organizational structure, comprised of four business segments which include Bombardier Transportation, Bombardier Business Aircraft, Bombardier Commercial Aircraft and Bombardier Aerostructures and Engineering Services. Effective immediately, all four business segments will report directly to Pierre Beaudoin, president and CEO, Bombardier. The heads of the business segments remain Lutz Bertling at Transportation, Eric Martel at Business Aircraft and Mike Arcamone at Commercial Aircraft. The head of the new Aerostructures and Engineering Services business segment will be appointed in the next few weeks. Bombardier Aerospace group functions and the Customer Services division will be absorbed into the three aerospace business segments, generating reductions in cost and overhead. The new Aerostructures and Engineering Services business segment will specialize in the design and development of complex advanced composite and metallic aerostructures in all classes of civil aircraft and all categories of structure, including fuselages, wings and engine nacelles. As a result of this reorganization, Bombardier Aerospace president and COO, Guy Hachey, is retiring. A detailed implementation plan will be developed over the next few months, and the new structure will be in place January 1, 2015. Reference Link
News For BDRBF From The Last 14 Days
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July 30, 2015
06:11 EDTBDRBFBombardier reports Q2 adjusted EPS 6c, one estimate 3c
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July 29, 2015
06:26 EDTBDRBFSiemens, Bombardier in talks over possible train, rail merger, WSJ reports
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July 27, 2015
10:19 EDTBDRBFBombardier wins 30 year vehicle maintenance contract for Toronto rail line
Bombardier has won a contract to provide 30 years of maintenance on BOMBARDIER FLEXITY Freedom light rail vehicles it will build for service on the new Toronto Eglinton Crosstown line. The contract, which was awarded by the Crosslinx Transit Solutions Maintenance General Partnership, is valued at approximately $308M. For this agreement, Bombardier has been subcontracted by the Crosslinx Transit Solutions Maintenance General Partnership, which is acting as the maintainer of the entire system on behalf of the winning consortium responsible for designing, financing, building and maintaining the 19-kilometre transit line. The project is under the authority of Metrolinx, the Government of Ontario agency responsible for the coordination and integration of all modes of transportation in the Greater Toronto and Hamilton Area.

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